Shimmick Corporation filings document a public infrastructure contractor focused on water, electrical, and other critical infrastructure construction services. Its Form 8-K reports include earnings releases, backlog and new-awards disclosures, project-mix commentary, executive appointments, board-transition matters, and material financing arrangements such as common-stock offering agreements and shelf-registration activity.
Proxy materials describe annual meeting proposals, board structure, executive compensation, equity incentives, indemnification arrangements, and governance oversight. The filing record also documents Shimmick’s strategy to concentrate on technically aligned work, complete and exit lower-margin non-core projects, and improve operating consistency through execution and cost control.
Shimmick Corporation reports joint Schedule 13G/A amendment showing 20,974,873 shares beneficially owned by GOHO, LLC and Mitchell B. Goldsteen. The filing states this equals 57.8% of the Common Stock class based on 36,300,928 shares outstanding as of April 20, 2026.
The filing notes shared voting and dispositive power over the reported shares and identifies a joint filing agreement between the reporting persons. Signatures are dated May 15, 2026.
Shimmick Corporation reported a smaller loss in Q1 2026 as margins and backlog improved despite lower revenue. Revenue for the quarter ended April 3, 2026 was $88.0 million, down from $122.1 million a year earlier, but gross margin rose to $10.9 million from $4.7 million.
The company posted a net loss attributable to Shimmick of $4.6 million, improving from a $9.8 million loss, and delivered Adjusted EBITDA of $2.6 million, up from a negative $3.0 million. Liquidity was $34 million and backlog reached about $944 million, with a Q1 book-to-burn ratio of 2.6x and $289 million of new awards.
Management reaffirmed full-year 2026 guidance for consolidated revenue of $550–$600 million and Adjusted EBITDA of $15–$30 million, implying strong year-over-year growth. Non-Core Projects now represent a low-single-digit share of backlog as the company shifts toward higher-margin core infrastructure work.
Tacker Sarah Beth reported acquisition or exercise transactions in this Form 4 filing.
Shimmick Corp reported that Chief Operating Officer Sarah Beth Tacker received two new awards of Restricted Stock Units (RSUs). She was granted 88,652 RSUs and a separate award of 26,596 RSUs, each representing the right to receive one share of common stock per unit.
The 88,652 RSUs vest in full and settle into common shares on May 29, 2026, subject to her continued service. The 26,596 RSUs vest and settle in three equal annual installments beginning on April 29, 2027, conditioned on her continued employment with the company.
Shimmick Corp reported that its Chief Operating Officer, Sarah Beth Tacker, filed an initial Form 3 insider ownership report. The filing lists her as an officer but shows no reported purchases, sales, option exercises, gifts, or other transactions, serving purely as a baseline disclosure of her insider status.
Shimmick Corporation appointed Sarah Tacker as Executive Vice President and Chief Operating Officer effective April 28, 2026. She joins from FlatironDragados, where she led Northern California operations and brings 27 years of construction industry experience.
Under her offer letter, Ms. Tacker receives an annual base salary of $500,000 and is eligible for an annual cash bonus targeted at 50% of base salary, based on performance goals set by the board. Her equity package includes a one-time grant of restricted stock units with a fair market value of $150,000 that vest 30 days after her start date, plus annual RSU grants valued at $500,000 vesting in three equal installments on the first three anniversaries of her start date, subject to continued employment. She will also participate in Shimmick’s standard benefit programs and enter into its standard officer indemnification agreement.
Shimmick Corporation is asking stockholders to vote at its virtual 2026 annual meeting on June 2, 2026, at 11:00 a.m. Eastern time. The agenda includes electing five directors to one-year terms and ratifying Deloitte & Touche LLP as independent auditor for the fiscal year ending January 1, 2027.
The company describes 2025 as a transition year, emphasizing a strategy to focus on core, higher‑margin infrastructure projects, exit legacy non‑core work, and tighten execution and cost control. Management reports improved margins in core projects, planned declines in non‑core revenue, and solid liquidity. Governance changes include reducing the board to five members after a long‑tenured director’s retirement, maintaining a separate Executive Chairman and CEO, and using a special committee linked to 2024 financing transactions. Safety remains a priority, with a 2025 total recordable incident rate of 1.39 and a 33.3% reduction in lost‑time incidents.
Compensation highlights include a $800,000 base salary and $720,000 annual cash bonus for the CEO in 2025, and a $450,000 target base salary for the CFO with cash and equity sign‑on awards. A controlling holder, GOHO, LLC, beneficially owns 57.8% of shares, while AECOM holds 18.5%, giving significant influence over voting outcomes.
Shimmick Corp Chief Financial Officer Todd Wilbur Yoder reported the vesting of previously granted Restricted Stock Units that converted into common stock on a one-for-one basis. On April 14, 2026, 72,464 RSUs and 59,783 RSUs settled into an equal number of common shares.
To cover tax obligations from these vestings, the company withheld 22,335 and 16,393 common shares at $3.91 per share, described as payment of tax liability by delivering securities. Following these transactions, Yoder holds 95,519 shares of common stock directly. Footnotes also note a grant of 181,159 RSUs that vest in three equal annual installments beginning April 14, 2026, subject to continued employment.
Shimmick Corporation reported that longtime director Steven Richards will retire from its board at the end of his term at the company’s 2026 annual meeting of stockholders. Richards has served the company for 45 years, including as Chief Executive Officer from March 2020 through December 2024 and guiding Shimmick through its November 2023 initial public offering.
Following his retirement, Shimmick expects to reduce the size of its board of directors to five members.